"The United States remains the last, best hope for a mankind plagued by tyranny and deprivation. America is no stronger than its people - and that means you and me." - Ronald Reagan

Monday, January 18, 2010

Republican Win In Massachusetts To Rally Markets


Stock-picking guru and former Obama supporter, CNBC's own Jim Cramer, predicted last Friday that a strong market rally could occur this Tuesday night should Scott Brown (R) win the Senate seat formerly held by Ted Kennedy. On the Brown/Coakley race he commented:

"More important, though, I think investors who are nervous about the dictatorship of the Pelosi proletariat will feel at ease, and we could have a gigantic rally off a Coakley loss and a Brown win. It will be a signal that a more pro-business, less pro-labor government could be in front of us...Everything from the banks, which are usually in the Democrats' penalty box, to the oils, which are despised by this administration for being carbon, could be propelled dramatically higher - all of this, Tuesday night."

Scott Brown has run as a 'small government, low taxes, strong military' conservative in this race, and he has vowed to vote against the health care bill in Washington (a very telling stand, since his state already has a "Washington-Light" version of a government-run health care program). His "nay" vote would put the entire health care bill into jeopardy, since his rival promises to provide the supermajority 60th vote, which would ensure passage of the bill. Brown's remarkable campaign has propelled him from a one-time 8-point deficit against Attorney General Martha Coakley to a 10-point lead as of today (in a state with a 3-to-1 majority of registered Democrats, no less). This swing has been startling to Democrats/liberals/progressives (what's the difference?), and we're sure to see some apoplectic news anchors on a Brown win tomorrow night; id est, the late Peter Jennings' summation of the Republican victories in 1994: "The voters had a temper tantrum last week...the nation can't be run by an angry two-year-old." (typical media elitism)

So how can the libs defeat Brown? By cheating, of course. Here's a recent clip of MSNBC's own Ed Schultz:



Did you happen to catch the media bias?

Even though Obama visited the state yesterday in support of Coakley, it may have been in vain. Despite Obama's vast experience as director of Project Vote (a Chicago voter registration movement à la ACORN), Massachusetts voters will likely reject their own Attorney General's candidacy in favor of the conservative Republican. Make no mistake - just as in last November's New Jersey and Virginia gubernatorial races (in which Republicans won), a Republican victory in this Senate race will foreshadow another "temper tantrum" in the upcoming mid-term elections.

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